Lithium & The Future, page-6067

FWIW Livent has been switching to produce more hydroxide in the last 12 months despite recognising the softer market . [see MAY 8, 2019 https://www.afr. com/companies/energy/battery-makers-move-slower-on-hydroxide-says-us-lithium-producer-20190508-p51l4j]
also
MAY 15, 2019 [https://www.reuters.com/article/us-...hium-sales-to-ev-sector-by-2020-idUSKCN1SK2MP... ]
While the company’s lithium is used in Tesla Inc vehicles, Livent has not expanded into the automotive space as rapidly as some peers have.
“Our customers are changing,” Chief Executive Paul Graves told Reuters. “The auto supply chain is an increasingly critical area for us.”...
“Graves said he regrets that Livent moved so quickly to focus on hydroxide, preferring instead that the company focused on both hydroxide and carbonate, another main type of the metal...”
...“There’s no doubt the shift to hydroxide is happening across the industry... but it would have been nice to be a little more diversified with more carbonate in the mix,” he said.”


..and in October, 2019, it started building an additional 5,000 tpa hydroxide plant in Bessemer, North Carolina;
[https://www.prnewswire.com/news-rel...-bessemer-city-north-carolina-300947183.html]
- This is the expansion project it has now delayed so as to come on line with its similarly delayed carbonate expansion in mid 2021.

Before Livent listed, a year before that in October 2018, Albemarle said it was interested in buying it if ‘the price was right’ [https://www.reuters.com/article/us-...g-rival-if-ipo-stumbles-source-idUSKCN1LL20T]

The price must be a lot ‘righter’ these days?
But Livent is another which has opted to lock down so as to survive and then thrive when demand picks up....

As quoted in your link;
“Despite another record year of lithium compound demand, pricing has been severely impacted by oversupply conditions.
Lithium producers and resource developers are responding to this by reducing output and delaying or canceling capacity expansion projects," said Paul Graves, president and chief executive officer of Livent.
"We recognize the financial challenges current pricing levels are creating, and as a result, have elected to slow down our own capacity expansion program in order to preserve our financial flexibility and align our additional supply with future demand growth."